Tokyo ETF/ETN trading value recovered to above JPY2trn in June

Trading value in the Tokyo Stock Exchange exchange-traded fund/exchange-traded note market in June 2014 exceeded JPY2 trillion for the first time since April, with daily average trading value reaching about JPY97.7 billion.

Leveraged ETFs continued to be a driving force in the market, with NEXT FUND S Nikkei 225 Leveraged Index ETF maintaining its more than 60 per cent share of ETF/ETN market trading value.